121 Lower Sherbourne Street Unit 226, Toronto C08

Price: $499,000

2 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: New Construction

MLS#: C13245728

***Welcome to this Bright and Inviting 730 Square Foot South-East Facing Corner Unit at the Prestigious Time and Space Condos***This Residence Offers A Tranquil Urban Escape, Flooded With Natural Light Throughout***The Open-Concept Living And Dining Areas Are Perfect For Entertaining, Featuring Expansive Windows that Frame the Stunning Views***The Sleek, Modern Kitchen is Equipped with Premium Appliances And a Generous Living Space, Providing Ample Space for Cooking and Socializing***The Primary Bedroom Boasts Large Windows with Scenic Views, Offering A Peaceful Retreat***A Versatile Second Room is Ideal for Guests, A Home Office, Or A Nursery***Residents enjoy an impressive collection of state-of-the-art amenities, including a fully equipped fitness centre, yoga studio, theatre/media room, games and party rooms, and an outdoor rooftop infinity-edge pool with lounge seating, tanning deck, BBQs, and dedicated dining and entertaining areas***Ideally located just steps to the Distillery District, St. Lawrence Market, TTC, Union Station, and Toronto's waterfront***With a Walk Score of 99 and Transit Score of 100, plus quick access to the Gardiner Expressway and DVP, this location offers unmatched convenience. Surrounded by parks, top-rated schools, dining, shopping, and cultural attractions, this is downtown living at its finest***Don't miss this exceptional opportunity**

121 Lower Sherbourne Street Unit 226 - New Construction photo 1 of 50 in Regent Park / Cabbagetown / St. James Town, Ontario
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$499,000 - 121 Lower Sherbourne Street Unit 226, Cabbagetown

New Construction for Sale in Cabbagetown

Popular Listing
2Beds
2Baths
700 - 1,099Sq Ft
New Construction
Property Details
MLS Number
C13245728
Property Type
New Construction
Status
active
Days on Site
9
Bedrooms
2
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Regent Park / Cabbagetown / St. James Town
Locker
None
Exposure
South East
Balcony
Open
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

***Welcome to this Bright and Inviting 730 Square Foot South-East Facing Corner Unit at the Prestigious Time and Space Condos***This Residence Offers A Tranquil Urban Escape, Flooded With Natural Light Throughout***The Open-Concept Living And Dining Areas Are Perfect For Entertaining, Featuring Expansive Windows that Frame the Stunning Views***The Sleek, Modern Kitchen is Equipped with Premium Appliances And a Generous Living Space, Providing Ample Space for Cooking and Socializing***The Primary Bedroom Boasts Large Windows with Scenic Views, Offering A Peaceful Retreat***A Versatile Second Room is Ideal for Guests, A Home Office, Or A Nursery***Residents enjoy an impressive collection of state-of-the-art amenities, including a fully equipped fitness centre, yoga studio, theatre/media room, games and party rooms, and an outdoor rooftop infinity-edge pool with lounge seating, tanning deck, BBQs, and dedicated dining and entertaining areas***Ideally located just steps to the Distillery District, St. Lawrence Market, TTC, Union Station, and Toronto's waterfront***With a Walk Score of 99 and Transit Score of 100, plus quick access to the Gardiner Expressway and DVP, this location offers unmatched convenience. Surrounded by parks, top-rated schools, dining, shopping, and cultural attractions, this is downtown living at its finest***Don't miss this exceptional opportunity**

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,560.13/mo

Includes CMHC insurance ($13,922)

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5-yr fixed avg.

Principal: $449,100Interest: $305,016
Mortgage Amount$463,022
Total Interest$305,016
Est. Property Tax$353/mo
Total Cost$768,039

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Regent Park / Cabbagetown / St. James Town

Discover Regent Park / Cabbagetown / St. James Town

Regent Park / Cabbagetown / St. James Town is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Regent Park / Cabbagetown / St. James Town

  • Convenient location in Regent Park / Cabbagetown / St. James Town
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Regent Park / Cabbagetown / St. James Town offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

121 Lower Sherbourne Street Unit 226, Regent Park / Cabbagetown / St. James Town

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
4.7%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$353
Insurance (est.)-$104
Net Cash Flow+$1,943

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $713/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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